Israel's government agrees to give Intel a $3.2B grant for a $25B chip plant the company plans to build in Kiryat Gat in southern Israel, set to open in 2027 (Steven Scheer/Reuters)

December 26, 2023

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Steven Scheer / Reuters:

Israel’s government agrees to give Intel a $3.2B grant for a $25B chip plant the company plans to build in Kiryat Gat in southern Israel, set to open in 2027 — Israel’s government agreed to give Intel Corp (INTC.O) a $3.2 billion grant for new $25 billion chip plant it plans to build in southern Israel, both sides said on Tuesday.

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